{"id":27743,"date":"2024-04-09T15:49:45","date_gmt":"2024-04-09T15:49:45","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/news-ethiopia-prepares-for-fifth-round-wto-meeting-to-advance-membership-bid"},"modified":"2024-04-09T17:24:46","modified_gmt":"2024-04-09T17:24:46","slug":"news-ethiopia-prepares-for-fifth-round-wto-meeting-to-advance-membership-bid","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/news-ethiopia-prepares-for-fifth-round-wto-meeting-to-advance-membership-bid","title":{"rendered":"News: Ethiopia prepares for fifth-round WTO meeting to advance membership bid"},"content":{"rendered":"

Africa-Press – Ethiopia. <\/strong><\/span>After an eight-year hiatus, Ethiopia renewed its efforts to join the WTO in January 2020. However, these efforts have faced disruptions in recent years, primarily due to factors such as the COVID-19 pandemic.<\/p>\n

Nevertheless, Ethiopia revitalized its endeavors last year when a delegation led by Gebremeskel visited the WTO headquarters in Geneva, Switzerland, engaging in discussions with the Director-General in July 2023.<\/p>\n

In an interview with state media, Gebremeskel, who also serves as the Minister of Trade and Regional Integration, highlighted that this visit resulted in a three-year timeframe for Ethiopia to conclude negotiations and secure WTO membership.<\/p>\n

\u201cEthiopia has received approximately 180 questions and 9 documents from member countries and potential negotiating partners,\u201d he stated. \u201cThese inquiries will be addressed through a dedicated platform facilitated by the WTO itself.\u201d<\/p>\n

According to Gebremeskel, the Ministry is currently finalizing crucial documents required for WTO accession. \u201cThese documents encompass various aspects, including offers related to goods and services trade, import licensing procedures, information on public business enterprises, trade-related laws, as well as details regarding export subsidies and agricultural support,\u201d he explained.<\/p>\n

Since 2003, Ethiopia has held observer status at the WTO, a position that, according to the Chief Negotiator, has provided valuable insights into the organization\u2019s operations, aiding the country\u2019s preparations for full membership.<\/p>\n

In late February 2024, a high-level Ethiopian delegation, comprising Gebremeskel, Mamo Mihretu, governor of the National Bank of Ethiopia, and Eyob Tekalign, State Minister for Finance, attended the 13th WTO Ministerial Conference to underscore Ethiopia\u2019s ongoing commitment to joining the global trade body.<\/p>\n

For More News And Analysis About Ethiopia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ethiopia. After an eight-year hiatus, Ethiopia renewed its efforts to join the WTO in January 2020. However, these efforts have faced disruptions in recent years, primarily due to factors such as the COVID-19 pandemic. 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